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Air Fryer Market Trends

  • Report ID: GMI7021
  • Published Date: Oct 2023
  • Report Format: PDF

Air Fryer Market Trends

Smart air fryers are an emerging trend in the market due to the demand for greater convenience and control in cooking. These appliances feature integrated connectivity and app support, enabling users to monitor & adjust cooking remotely using their smartphones. For instance, in August 2022, Xiaomi introduced an IoT-integrated Smart Air Fryer 3.5L. It features Wi-Fi connectivity and Google Assistant integration along with a wide temperature range. Smart air fryers offer pre-programmed cooking presets, recipe libraries, and notifications. This technological advancement enhances user experience, making cooking more accessible and customizable. Smart air fryers are expected to gain popularity as consumers seek modern, connected kitchen appliances that streamline meal preparation and offer a wider range of cooking options.
 

Multi-functional air fryers are an emerging trend in this market due to the growing demand for versatile kitchen appliances. These air fryers offer additional cooking functions including baking, grilling, and dehydrating. This versatility allows users to prepare a wide range of dishes using a single appliance, saving both time and kitchen space. For instance, in May 2023, COSORI introduced the 2.1-quart Mini Air Fryer, which is designed to be compact yet versatile. It offers four popular cooking functions including air fry, roast, bake, and reheat with a user-friendly one-touch control panel. This makes it an ideal choice for single households seeking a multi-functional kitchen appliance. Moreover, consumers appreciate the convenience of a multi-purpose device, thus this factor makes multi-functional air fryers a prominent market trend.

Authors: Avinash Singh

Frequently Asked Questions (FAQ) :

The market size air fryer was valued at USD 981.3 million in 2022 and is projected to grow at a CAGR of over 7% between 2023 and 2032, owing to advanced features such as digital touchscreens, mobile app control, and smart cooking presets.

The residential segment was valued at over USD 600 million in 2022. With more consumers choosing to cook at home, air fryers have gained popularity in residential applications due to their convenience and health-conscious cooking.

North America industry for air fryer was worth more than USD 272 million in 2022 and is slated to register significant growth through 2032 as the growing health-conscious consumer base in the region is increasingly adopting air fryers as a healthier cooking alternative.

Black+Decker, Breville, Chefman, Cosori (Vesync Co., Ltd.), Cuisinart, Hamilton Beach, Instant Pot, Ninja, and Philips.

Air Fryer Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 695
  • Countries covered: 21
  • Pages: 404
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